Nifty & Bank nifty both achieved our mentioned levels in last video and now it seems consolidation with negative bias is possible for one or two sessions. For detailed understanding kindly watch video.
In this video i am trying to explain Nifty 1hour chart where there is a high probabilities of completion of Triple zigzag correction at 14151 and in Nifty 5min chart 14583-14656 can be the minimum target range for coming sessions. Thanks for watching
In this video i have explained 1hour chart which suggesting complex correction is going on from 15431 and may be it is completed as triple zigzag correction at 14151 or still continue. 14280-14360 was an immediate resistance range and nifty closed above that range. now this same range will act as a support range. In 5min chart as of now its looks like a three wave...
In this video one can learn very important aspects of complex correction and its personality. Thanks for watching
Nifty Elliott wave update for 20april 2021
In nifty 45min chart from 15431 to 14249 its looks like a corrective decline as of now. If we see the internal structure of this decline then its looks like a Triple zigzag correction where, 15431-14468 1st abc 14468-15336 Link wave X 15336-14264 2nd abc 14264-14984 2nd link wave 14984-14249 3rd abc From 14249 bounce is already started and we need to see...
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